Engie North America Acquires SoCore, in Strategic Play for the Commercial Solar Market

Mar 05, 2018 - Greentech Media
Mergers and Acquisitions

Engie North America announced Monday it will acquire SoCore Energy, a Chicago-headquartered solar company and subsidiary of Edison International. 

The investment gives Engie a more concrete corner on the U.S. commercial market. 

SoCore has 150 megawatts' worth of projects operating or under construction and another 170 megawatts in late-stage development. GTM Research estimates that about 70 percent of SoCore’s operating pipeline is commercial. According to GTM Research sol...